Thousand jobs in august, the smallest gain in years. This could mean the fed waits before tightening policy. Over 700 billion of fixed income from blackrock. He is here to share his views. People saw an immediate reaction. Except for the headline, Everything Else was pretty good. Themployment rate dashboard improved. We saw hours worked unchanged. Longterm unemployment went down and the number of people working parttime. Federal several prominent researchers said that a secular because so many people are retiring from the labor force. That is not the position janet yellen has taken. Within the fed there is a growing recognition that that is the case and we are not going to see a big rise big rise. Are people going to come back into the labor force . What you make of all this . Take a caveat and say there are things that are really good. Every single piece of Economic Data has been positive. Adp was really good. I sm. If there is something worth thinking about. To 17 have disappointed a
76 in sea isle city. Might still feel a tad humid to you early in the day but that humidity is going to drop as the day goes on. As we head outside to get that car rolling, 72 degrees by 6 00, 74 by 8 oclock, some clouds, less humid and all your buses and rails well find out from karen rogers in a little bit whether or not theyre running. 75 today by 9 oclock. By noon, 82. And then 87 degrees by 3 oclock. It looks like well get a high today of 88 probably around 3 30. So obviously it is still a very warm afternoon ahead but at least it wont be as oppressively humid as yesterday. Karen, ill have the rest of the seven day including the return of another round of humidity coming up be okay. All right, dave. Yes, those buses and rails are doing okay. How about the roads . This is i95. Some construction here in southwest philadelphia right at enterprise avenue. You can see penndots got the arrow board, weve got the cones set up as well blocking the left lane so watch for this right now and
Inland east bay during the afternoon hours we are close to normal at 83 to 90 and more sunshine along the coast into San Francisco and 63 to 69 and around the bay it will be breezy but more sunshine at 72 to 82. Good morning, everyone, traffic is still light and quiet as we start by looking from emeryville camera to the eastern span of the bay bridge we have seen a bouncing with a breeze out there according to mike and we have traffic so no high wind advisory for highprofile vehicles. There is a gasrelated fire blocking off southbound alameda and now we are seeing the slowing on the nimitz northbound pulling away from alameda with more details in a few minutes. We will talk about the fire in san jose after a gas main exploded right in the middle of a residential and business area. Abc7 News Reporter is at the scene. Matt . The neighbors say they heard an explosion and saw flames shooting outside of the building at 4 00 a. M. And right now firefighters are making sure the fire is out an
Hello, welcome. To you. Ry good day lets get back to our top tory. Activist were out in full force in the final weekend for the september 18 valid. Prime minister David Cameron will return to scotland for the second time in a week to fight for the future of the united kingdom. Both yes and no campaign they whichre poised to win, releases further uncertainty into financial market. Lets have a poll catch up. There were so many polls over the weekend. The results of which have been contradictory. Too close to call is what we have in hearing. The is ahead. Leave wasof the no quite significant. Camp was essential. Back with a Health Warning. Be careful. Ying, it has got a bit of a Health Warning because of the way it was taken. Date with get up to the way the polling was. Pole whereng at the we saw an 87 turnout. That is phenomenal when compared the turnout. The young seem to be just as which iss the old, amazing for it. It means the no campaign has a theof work to do because young have bee
Dependent. Whats the appetite . Just over an hour to go until we get the results of the ecbs first auction. With expectations that banks will take up around 150 billion euros in loans. Investors cheer plans to float its plastic business, allowing the german drugmaker to focus on its crop sooiz unit. Thumbs up, shares of solar surge to the top of the stoxx 600 on reports that rand is eyeing a merger with the industrial group. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. The central bank reassuring markets that rates will continue to stay near historic lows. The fed kept the phrase for a considerable time in its post meeting statement. Janet yellen noted the forecast hasnt changed much since their last meeting in june. There is no mechanical term of interpretation of what the term considerable time means. As ive said repeatedly, the decisions that the Committee Makes about what is the appropriate time to begin to raise its target for the